Citigroup (NYSE: C) Doubles Price Target On Strategy (NASDAQ: MSTR) To $240 As Stock Surges 30% In A Month
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BizTocStrategy Is Up 30% in a Month and Citigroup Just Doubled Its Price Target to $240. Is It Time to Buy MSTR Stock Now?
Citigroup just slapped a bold new price target on Strategy stock after a stunning one-month run that left Bitcoin and every crypto peer in the dust. Before you chase the momentum, understand the leverage that makes this trade cut just as sharply in the other direction.
Citigroup (NYSE: C) Doubles Price Target On Strategy (NASDAQ: MSTR) To $240 As Stock Surges 30% In A Month
Strategy (NASDAQ: MSTR) has climbed 30% over the past month, trading at $162.38, dramatically outpacing Bitcoin’s 9.6% gain over the same period. Citigroup (NYSE: C) has responded by raising its price target on Strategy shares from its previous level to $240, while maintaining a Buy rating on the stock. The Citigroup target raise arrived after […]
MSTR Price Prediction: Citigroup's $240 Target Is a Green Light - But the Market Needs Convincing First
MicroStrategy is coiled at $165.55 with Citigroup firing off a fresh Buy rating and a $240 price target - 45% upside from here - but a flatlining MACD and shrinking open interest say the street isn... (Read More)
Citi raised its target price for Strategy from USD $136 to USD $240, while Bitcoin exceeded USD $86,000. The review reflects a more favourable outlook for BTC and for the company’s valuation, although the bank maintained caution over the cash reserve and possible dilution of its shares.
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